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ARTEMIS JTI receives backing from Finland

The Finnish government has announced that it will contribute €70 million over a seven-year period starting in 2007 to the ARTEMIS (Advanced Research and Technology for Embedded Intelligence and Systems) Joint Technology Initiative (JTI).
The aim of the ARTEMIS JTI is to...

Policy making and guidelines

The Finnish government has announced that it will contribute €70 million over a seven-year period starting in 2007 to the ARTEMIS (Advanced Research and Technology for Embedded Intelligence and Systems) Joint Technology Initiative (JTI).
The aim of the ARTEMIS JTI is to promote the coordinated research and development of embedded information technology applications across Europe. Embedded systems refer to computers or microprocessors inside objects around us that cannot be modified by the consumer.
The use of such systems is increasing rapidly and can be found in a panoply of consumer products, ranging from mobile phones, calculators, televisions and microwaves, to medical equipment and the ABS braking system in cars. Given the prevalence of such technology across industry, know-how is considered essential in order to underpin Europe's competitiveness.
ARTEMIS is extremely ambitious, aiming to bring together a wide variety of public and private stakeholders. Since the preparatory stage in 2002, a total of 30 European companies, including Nokia, have come on board. In terms of funding, the initiative is looking for €5.4 billion in the first four years from 2007. Approximately half of the costs of the initiative will be financed by industry, while the other half will be covered by individual Member States and EU funds, if approved by the EU institutions.
Finland's funding of ARTEMIS will be provided through Tekes - the country's funding agency for technology and innovation. It says that the initiative will help improve Finnish companies' competitiveness on an international scale, as well as their standard of research. 'New and strengthening cooperation partnerships are important from industry's point of view,' reads a Tekes press release. 'ARTEMIS will provide Finnish companies with an opportunity to act in cooperation with European clients and companies.'